Latest Reverse Circulation Drilling News

Golden Dragon Mining has made significant strides following its oversubscribed ASX listing, completing its first drill campaign at the Cue Project and outlining plans to advance key gold targets.

Juno Minerals has finalised the sale of its Mount Mason DSO Hematite Project for A$6 million plus royalties, while advancing exploration at its flagship Mount Ida Magnetite Project with promising gold assay results and planned drilling.

Austin Metals has launched Phase 1 exploration at its Austin Gold Project, using high-resolution drone imagery and detailed field mapping to refine drill targets focused on BIF-related mineralisation.

OzAurum Resources reports robust, shallow high-grade gold results from its James Stage 1 open pit drilling, reinforcing confidence in near-term development and hinting at significant expansion potential.

Verity Resources has reported strong assay results from Phase 2 drilling at its Monument Gold Project, confirming gold mineralisation continuity and extensions beyond the current Waihi deposit resource outline.

Sunshine Metals has increased its Liontown shallow gold resource by 14% to 108,000 ounces, advancing its pathway to near-term production in 2026. High-grade drilling results at the Sybil prospect and new VMS targets further strengthen the company’s exploration outlook.

Waratah Minerals reports robust drilling results at its Spur gold project and launches an ambitious 80,000-metre drilling campaign in 2026, backed by a solid $28.6 million cash position.

Accelerate Resources Limited (AX8) has reported promising first-pass Reverse Circulation drilling results at its Balagundi Gold Project, confirming continuous gold mineralisation along the Paris Gift Trend. The initial six holes intercepted consistent gold grades, validating the company’s exploration model and highlighting significant upside potential.

Ausgold Limited’s latest drilling results at the Katanning Gold Project confirm and extend high-grade gold mineralisation beyond existing resource boundaries, with drilling activity ramping up to four rigs on site.

SQX Resources has confirmed high-grade gold mineralisation at its Red Bird Gold Project in Arizona, validating decades-old data and setting the stage for a maiden drilling campaign.

Asara Resources has reported further positive drilling results at its Massan deposit, confirming grade continuity and down-dip growth, while initial Phase 2 drilling indicates promising strike extensions at the Kada Gold Project in Guinea.

Encounter Resources’ recent drilling at the Haddon prospect reveals a substantial copper anomaly with strong silver mineralisation, setting the stage for deeper exploration in 2026.